Replies to post #71 on China Ceramics Co. Ltd. (CCLTF)

[GorillaGorilla]

So the adusted net income was higher than expected (+13%) at $26M rather than $23. They are producing 3 lines from the aquired plant and their expansion plans are on track.

Anything bad?

rich

[bUrRpPPP!]

CCLTF $3.46 eps for a $9 stock....crazy cheap!

[redman_2014]

2009 EPS $2.94(using current 8.9 O/S)

Even using their current share count of 8.9M it still looks very cheap at 3.1x trailing PE, especially when they are projecting 30% growth going forward.


-Adam